GLASS G

Name: GLASS G lease production and value, Dec 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WAGNER & BROWN, LTD. (P-5 891075) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148452District 08Field 200977002 tax incentive programmesCondensateGasSave Export

Value, all time

$132 k

Dec 1993 – Jun 1998

Value, last 12 filed months

$57 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CONGER (PENN) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered

1978-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: “OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1994-03-22	129939
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	2,394 bbl	$41,034
Gas	Production	210,529 Mcf	$91,386
Total			$132,420

174,227 Mcf of this lease's gas, across 37 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.7637, -101.2221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76367, -101.22208 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

8,400 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,400 ft.

Completions filed

Nov 1990

1 of 1 wells

1 well


42-43132155	1814	8,400 ft	Nov 1990	—	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (55)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

55 months


Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	7	0	12.80	2.31	$90
Feb 1998	31	2,120	13.95	2.30	$5,307
Jan 1998	47	2,346	14.70	2.15	$5,746
Dec 1997	43	2,406	16.32	2.41	$6,503
Nov 1997	47	2,362	18.19	3.09	$8,149
Oct 1997	43	2,626	19.25	3.15	$9,099
Sep 1997	28	2,503	17.74	2.95	$7,893
Aug 1997	33	2,745	17.86	2.55	$7,602
Jul 1997	37	2,755	17.58	2.25	$6,841
Jun 1997	47	2,694	17.24	2.26	$6,891
May 1997	33	2,632	18.97	2.31	$6,702
Apr 1997	28	2,826	17.88	2.08	$6,387
Mar 1997	20	2,818	18.95	1.94	$5,844
Feb 1997	28	2,531	20.49	2.21	$6,157
Jan 1997	45	2,938	23.48	3.54	$11,456
Dec 1996	27	2,329	23.32	—	$630
Nov 1996	48	2,802	21.97	—	$1,055
Oct 1996	51	2,941	23.31	—	$1,189
Sep 1996	50	3,006	22.22	—	$1,111
Aug 1996	47	3,593	20.26	—	$952
Jul 1996	47	3,919	19.55	—	$919
Jun 1996	48	3,840	18.73	—	$899
May 1996	56	4,089	19.43	—	$1,088
Apr 1996	53	3,954	21.51	—	$1,140
Mar 1996	73	4,222	19.38	—	$1,415
Feb 1996	61	4,165	16.98	—	$1,036
Jan 1996	47	3,791	17.07	—	$802
Dec 1995	56	4,389	17.19	—	$963
Nov 1995	64	4,377	16.00	—	$1,024
Oct 1995	60	4,671	15.43	—	$926
Sep 1995	55	4,718	16.18	—	$890
Aug 1995	16	4,191	15.92	—	$255
Jul 1995	48	4,779	15.24	—	$732
Jun 1995	53	4,792	16.41	—	$870
May 1995	29	4,104	17.56	—	$509
Apr 1995	42	4,325	17.73	—	$745
Mar 1995	58	4,884	16.44	—	$954
Feb 1995	63	4,643	16.58	—	$1,045
Jan 1995	68	5,072	15.92	—	$1,083
Dec 1994	69	5,254	15.03	—	$1,037
Nov 1994	54	5,028	15.90	—	$859
Oct 1994	49	5,560	15.58	—	$763
Sep 1994	39	5,399	15.29	—	$596
Aug 1994	36	5,779	16.13	—	$581
Jul 1994	35	5,812	17.56	—	$615
Jun 1994	42	5,923	17.09	—	$718
May 1994	35	5,511	15.88	—	$556
Apr 1994	47	6,175	14.14	—	$665
Mar 1994	55	6,441	12.46	—	$685
Feb 1994	61	5,934	12.50	—	$763
Jan 1994	76	6,741	12.66	—	$962
Dec 1993	59	7,074	12.33	—	$727

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 1998 — as filed, then multipliedworked

Condensate             7 bbl  × $ 12.80 =        $90
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $90

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/148452 is the state's own key, not one this site invented.